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Builder’s Guarantee
All domestic builders must be registered with the Building Commission and carry insurance.
If building work is incomplete or defective, owners and successive owners can have access to these insurance funds.
Building work is covered for a period of six and a half years from the date of completion.
An owner-builder who wishes to sell a home within six and a half years of its construction must obtain an inspection report and purchase insurance.
This report, subject to any defects listed, will guarantee the property for defects in workmanship for the remainder of the six and a half year period.
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